RIO DE JANEIRO, BRAZIL - Paraguay is viewed by Chilean entrepreneurs as a place to start new businesses, with a strong domestic market rebounding as it leaves the pandemic behind, and with an emerging and active middle class, consuming goods and services that Chilean companies can provide.
Chilean-Paraguayan Chamber of Commerce director Carlos Medina stressed Chilean investors' preferences in areas such as food, low-cost housing and services.
"Paraguay will be the new China of South America, a true manufacturing cluster. Chilean companies want to soon settle in Paraguay, a close and friendly country to develop companies focused on exports . . .